Kate Upton looked definitely hot during her latest outing as she wore a cleavage-baring dress for an annual event. The Sports Illustrated supermodel managed to escape a possible wardrobe malfunction that might have happened given her revealing dress.

The 23-year-old "The Other Woman" actress made the annual Harper's Bazaar Evening of Fantasy Celebrating Icons a one hot night when Kate Upton appeared in a black tight-fitting dress that highlighted her cleavage.

Kate Upton's dress featured length panels with drapes and sequins. For the outing, the model chose to ditch wearing any accessories.

The model and actress, who is dating Detroit Tiger's pitcher Justin Verlander, kept her blond locks simple having opted to tie a portion of it at the back.

The model's asset appeared to be the highlight of her ensemble as she kept herself aware of possible wardrobe malfunction due to her revealing Stella McCartney gown.

"Kate's famous cleavage threatened to spill out of her rather bizarre dress at any moment thanks to the gown's low neckline coupled with its off the shoulder cut," the Daily Mail noted in their report.

In her interview while at the red carpet, "The Layover" actress said that she admires women who have natural shapes, The Daily Caller reported.

"I think it's all about a woman who's healthy," the hot supermodel said.

Kate Upton said that though every person has insecurities, she appreciates the body that is given to her.

"But this is the body I was given, I appreciate it and I try to take care of it every day as best I can, but I always enjoy my life. So I'm not going to let my insecurities stop me from enjoying life," she said.

Kate Upton rose to fame when she landed a couple of covers for the Sports Illustrated swimsuit catalog. Since then, her face was launched by a number of top brands as their ambassador including Bobbi Brown.

Aside from being dubbed as the "Sexiest Woman Alive" for 2014, hot supermodel Kate Upton is also making a name in the movie industry as she now stars in her fourth movie, "The Layover."